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<p>[QUOTE="Suarez, post: 4065236, member: 99239"]The precious metals group is compromised of nine elements but you've probably only heard of silver, gold, platinum and palladium. Another, rhodium, is more obscure but still actively traded and is currently sitting at an incredible $10,000/oz.</p><p>[ATTACH=full]1063281[/ATTACH] </p><p><br /></p><p>After rhodium the next most well-known is ruthenium, which is used in jewelry for making white gold and hardening platinum. However, unlike the others mentioned there's nobody yet making bars or coins out of it. Although it's as rare as platinum it only costs about half as much, at around $250/oz.</p><p>[ATTACH=full]1063282[/ATTACH] </p><p><br /></p><p>Iridium is extremely rare and is used extensively in various high-tech industries. The spot on it is technically about $1,500/oz (if you're lucky enough to find someone willing to sell it to you).</p><p>[ATTACH=full]1063283[/ATTACH] </p><p><br /></p><p>Rhenium is considered by some geologists the rarest of all the natural non-radioactive elements and most of the paltry amount that is recovered goes into jet engines and rocket nozzles. It's about $200/oz</p><p><br /></p><p>Lastly, osmium is the densest of all metals and competes with rhenium for the title of rarest of all precious metals. There's so little of it that if you were to put all the osmium extracted annually it would fit inside a bucket! It's also in the neighborhood of $600 an ounce.</p><p><br /></p><p>I'm of the opinion that ruthenium, osmium and rhenium will all increase dramatically in value over the next few years. The main reason they haven't been "discovered" yet by bullion and jewelry is because all three have extremely high melting temperatures so turning them into shapes like bars and coins is very difficult to do. However, it's only a matter of time before someone with big pockets takes the plunge and soaks up all the supply.</p><p><br /></p><p>You might think about picking up a little bit of these exotics which should be interesting to see what happens. Look only at solid metal beads and bars and not powder. Powdered metal forms of all these are the cheapest to get by weight but are not good for trading. Powdered osmium in particular is very toxic so should be avoided.</p><p><br /></p><p>Rasiel[/QUOTE]</p><p><br /></p>
[QUOTE="Suarez, post: 4065236, member: 99239"]The precious metals group is compromised of nine elements but you've probably only heard of silver, gold, platinum and palladium. Another, rhodium, is more obscure but still actively traded and is currently sitting at an incredible $10,000/oz. [ATTACH=full]1063281[/ATTACH] After rhodium the next most well-known is ruthenium, which is used in jewelry for making white gold and hardening platinum. However, unlike the others mentioned there's nobody yet making bars or coins out of it. Although it's as rare as platinum it only costs about half as much, at around $250/oz. [ATTACH=full]1063282[/ATTACH] Iridium is extremely rare and is used extensively in various high-tech industries. The spot on it is technically about $1,500/oz (if you're lucky enough to find someone willing to sell it to you). [ATTACH=full]1063283[/ATTACH] Rhenium is considered by some geologists the rarest of all the natural non-radioactive elements and most of the paltry amount that is recovered goes into jet engines and rocket nozzles. It's about $200/oz Lastly, osmium is the densest of all metals and competes with rhenium for the title of rarest of all precious metals. There's so little of it that if you were to put all the osmium extracted annually it would fit inside a bucket! It's also in the neighborhood of $600 an ounce. I'm of the opinion that ruthenium, osmium and rhenium will all increase dramatically in value over the next few years. The main reason they haven't been "discovered" yet by bullion and jewelry is because all three have extremely high melting temperatures so turning them into shapes like bars and coins is very difficult to do. However, it's only a matter of time before someone with big pockets takes the plunge and soaks up all the supply. You might think about picking up a little bit of these exotics which should be interesting to see what happens. Look only at solid metal beads and bars and not powder. Powdered metal forms of all these are the cheapest to get by weight but are not good for trading. Powdered osmium in particular is very toxic so should be avoided. Rasiel[/QUOTE]
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